CrossCountry Mortgage Expands Presence through Summit Acquisition Deal
Cleveland's CrossCountry Mortgage is expanding its market presence by acquiring Summit Funding, enhancing its service offerings and geographic reach.
Cleveland's CrossCountry Mortgage is expanding its market presence by acquiring Summit Funding, enhancing its service offerings and geographic reach.
eXp Realty will enhance visibility for upcoming listings through Zenlist, syndicating them to popular platforms like Realtor.com, Homes.com, and ComeHome.com.
Neighborhood Ventures enhances its portfolio with the acquisition of an 86-unit multifamily community in Phoenix, marking a strategic investment in the area.
Pending home sales have seen a slight increase, attributed to better affordability conditions, indicating potential opportunities for private lenders in the market.
Builder confidence remains low at 38, with 37% reducing prices amid rising oil costs near $100 per barrel, impacting demand and construction expenses.
A ruling halts CFPB Director Russell Vought from implementing a legal change that could limit the agency's funding, impacting private lenders.
As AI adoption rises, private lenders must navigate increased client expectations, data ownership risks, and time losses from fragmented tools and platform lock-in.
Seller financing creates 10 compliance pitfalls — from SAFE Act licensing traps to balloon-payment blowups — that expose private lenders to regulatory penalties, borrower litigation, and lien losses. This guide covers every pitfall with the regulatory citations and servicing protocols private lenders need to stay protected.
A working glossary of 15 essential terms for private lenders and note servicers, covering hard money loans, LTV, foreclosure, workout agreements, subordination, and more.
A practical glossary of 14 core private lending terms — from promissory notes and LTV to balloon payments and subordination agreements — with plain-language definitions and direct ties to professional note servicing compliance.